Speaking at the 9th Capital Markets Summit, Kouchouk noted a rise in the number of companies operating in the Suez Canal Economic Zone and across various industrial and investment zones, a development that has contributed to the growth and diversification of Egyptian exports.
According to its statement, the efforts aim to optimize resource allocation toward priority sectors while encouraging private sector participation.
In February 2025, growth spiked to 19.9% as annual inflation dropped by 10 percentage points, before slowing to 7.03% in June, up sharply from just 2.24% in June 2024.
The announcement was made during the “Development Finance to Foster Private Sector-Led Growth & Jobs” conference in Cairo, held under the patronage of Prime Minister Mostafa Madbouly.
The Minister noted that Egypt’s economy is improving, highlighting that the private sector has demonstrated its capacity for growth, accounting for 60% of total investments over the past ten months.
